Printer Friendly

DWG CORP. SHAREHOLDERS ELECT DIRECTORS; ANNOUNCE DIVIDEND

 DWG CORP. SHAREHOLDERS ELECT DIRECTORS; ANNOUNCE DIVIDEND
 MIAMI, Dec. 27 /PRNewswire/ -- The shareholders of DWG Corporation (AMEX: DWG), holding their annual meeting here today, elected 13 directors. Elected directors, were: Victor Posner, Steven Posner, Russell A. Boyle, Melvin R. Colvin, Harold E. Kelley, Richard M. Kerger, H. Douglas Kingsmore, Daniel R. McCarthy, Father Patrick O'Neill, Bernard I. Posner, Martin J. Posner, W. C. Robinson and T. M. Thompson.
 Shareholders also approved a new 1991 stock option plan for the company and ratified the selection of Arthur Andersen & Co. as independent auditors to audit the financial statements of the company.
 DWG also announced today the declaration of regular quarterly cash dividends of $.0875 per share on its $.35 cumulative convertible preferred stock and of $.15 per share on its $.60 cumulative convertible preferred stock, each to be paid on Feb. 3, 1992 to holders of record thereof at the close of business on Jan. 15, 1992.
 -0- 12/27/91
 /CONTACT: Chuck Nolan, vice president of DWG Corporation, 305-866-7771/
 (DWG) CO: DWG Corp. ST: Florida IN: SU: DIV


JJ -- FL011 -- 5560 12/27/91 17:47 EST
COPYRIGHT 1991 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1991 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Dec 27, 1991
Words:186
Previous Article:PENNZOIL ADOPTS FINANCIAL ACCOUNTING STARDARD NO. 106 IN FOURTH QUARTER
Next Article:NEW YORK STOCK EXCHANGE CLOSING, FRIDAY, DEC. 27 /PRN/


Related Articles
DWG ANNOUNCES POSNER'S NOMINEES TO BOARD
DWG CORPORATION ANNOUNCES FINAL RESULTS OF ITS ANNUAL MEETING OF SHAREHOLDERS
DWG CORPORATION ANNOUNCES DIVIDENDS
DWG CORPORATION SIGNS LETTER OF INTENT ON BEHALF OF TRIAN GROUP
DWG CORP. BOARD OF DIRECTORS RATIFIES LETTER OF INTENT
DWG BOARD OF DIRECTORS GIVES APPROVAL ON EXCHANGE AND PURCHASE AGREEMENTS; SHAREHOLDERS MEETING RESCHEDULED
DWG SPECIAL SHAREHOLDER MEETING RESCHEDULED FOR APRIL 13, 1993
DWG SPECIAL SHAREHOLDER MEETING RESCHEDULED FOR APRIL 13, 1993
DWG BOARD OF DIRECTORS APPROVES DEFINITIVE PROXY MATERIAL FOR SPECIAL MEETING OF SHAREHOLDERS
TRIARC COMPANIES IS NEW NAME FOR DWG CORPORATION

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters